Cook County, IL
$6,900,000
Cook County, IL
$6,900,000
Dundalk, MD
$849,000
Nashville, TN
$360,000
Blythe, CA
$4,500,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Stockton, CA
Marysville, WA
$3,895,000
West Hartford, CT
$998,700
Exeter, CA
$2,100,000
Baltimore, MD
$265,000
Midland, MI
$459,900
Ada County, ID
$3,000,000
Calhoun, GA
Calhoun, GA
$899,000
Michael Lefkowitz
Benjamin Ross Group
Serving Bucks County, PA
The Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisition firm in the Mid-Atlantic Region. With over 30 years experience, the professional business brokers at Benjamin Ross Group are the experts. We represent well managed businesses, regardless of their size. When making a significant financial decision, you owe it to yourself to....Experience the Professional Difference. For more information, go to: www.BenjaminRossGroup.com
Flagstaff, AZ
$600,000
Dexter, ME
$320,000
Cleveland, OH
Pine Bluff, AR
$800,000
North Little Rock, AR
Kankakee County, IL
$499,900
Fayette County, TX
$2,500,000
Tipton County, TN
$3,200,000
Navarro County, TX
$2,200,000
Dallas, TX
$799,000
Nicholasville, KY
$825,000
Roopville, GA
$850,000
Lancaster, SC
$1,200,000
Hermosa Beach, CA
Snohomish County, WA
$2,800,000
Grays Harbor County, WA
$5,100,000
Los Angeles, CA
$1,290,000
Nassau County, NY
$1,750,000
Tulare County, CA
$1,650,000
Nassau County, NY
$1,575,000
Spokane, WA
$1,600,000
Chicago, IL
$3,500,000
Nolan County, TX
$1,000,000
Bay City, TX
$258,000
Portsmouth, VA
$1,100,000
Jefferson County, OR
$4,200,000
Thurston County, WA
$9,200,000
Pasadena, TX
$1,500,000
Tim Dalton
Integra Business Brokers
Serving Columbia County, GA
Integra Business Brokers are a team of experts who offer professional services to their clients on all matters of Buying or Selling a Business, Mergers and Acquisitions, and business valuations. They assist Sellers in preparing and packaging their business for marketing. Buying a business or selling a business is not an easy undertaking, but with Integra Business Brokers you will not have to worry. They are fully licensed to deal in business brokerage and only employ trained and licensed brokerage professionals in full compliance with the South Carolina and Georgia Real Estate Commissions
Lake County, IL
$799,000
Fillmore, CA
$4,999,000
Delaware County, IN
Hebo, OR
$599,000
Wayne County, MI
$780,000
Jackson, MS
$749,000
Convenience stores are a stable, predictable business and a staple of the local community. Quick access to everyday necessities is the draw of these stores, but these businesses thrive when owners can upsell their captive audience on items like lottery tickets and beverages.
If you are looking to buy or sell a convenience store, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data of convenience stores, surfaced key financial metrics, and derived valuation multiples.
Market Overview
Number of Businesses Analyzed |
375 |
Median Asking Price |
$260,000 |
Median Reported Revenue |
$620,400 |
Median Reported Earnings |
$126,546 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Convenience Store Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.27 |
1.52 |
Median |
0.43 |
2.20 |
Upper Quartile |
0.64 |
3.27 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Convenience Store Business Valuation Benchmarks
FAQs
How much does it cost to buy a convenience store?
Prices vary depending on sales volume and financial performance, but the median asking price for a convenience store business in the U.S. is approximately $260,000.
How much do convenience store owners earn?
On average, convenience store owners report median annual sales of $620,400 and annual owner earnings of $126,546. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a convenience store business?
Valuing a convenience store business involves considering several factors, including annual revenue, profit, and growth. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Convenience store revenue multiples typically range from 0.27 to 0.64, with the median at 0.43. Earnings multiples range from 1.52 to 3.27, with the median at 2.20. These values suggest a typical convenience store business will sell for around 0.43 times its annual revenue, and 2.2 times its annual owner’s earnings.
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